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J&J Baby Powder Bankruptcy Strategy Gets Final Test in February

  • Judge says he will rule by Feb. 28 on bankruptcy tactic
  • J&J fights to save process to resolve billions in talc suits

Johnson & Johnson should know by the end of next month whether its controversial use of bankruptcy to try to resolve billions of dollars in cancer claims can proceed, or if the consumer products giant must fight roughly 38,000 lawsuits individually. 

U.S. Bankruptcy Judge Michael B. Kaplan said in court Friday that he will rule by Feb. 28 on a demand to throw out the bankruptcy case filed by a J&J unit responsible for paying claims related to allegations that its baby powder causes certain cancers.